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|   | (b) | Amount: The Rent payable during the Term shall be calculated in accordance with Schedule B of the Aircraft Lease Agreement.  |

  




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| 5.4 | **Supplemental Rent**  |

  




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| --- | --- | --- |
|   | (a) | Amount: If, under the Aircraft Lease Agreement, Lessee is required to pay Supplemental Rent, Lessee will pay that Supplemental Rent, at the rates referred to in Section 3 of the
Aircraft Lease Agreement, to Lessor in relation to each calendar month (or part of a month) of the Term, on the fifteenth (15th) day following the end of that calendar month (except that the last payment of Supplemental Rent during the Term shall be paid on the Expiry Date).  |

  




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| --- | --- | --- |
|   | (b) | Adjustment: The Supplemental Rent rates shall be adjusted not more frequently than annually based on the following:  |

  




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| --- | --- | --- |
|   | (i) | Annual Supplemental Rent Adjustment: by the Annual Supplemental Rent Adjustment, compounded annually commencing on the date specified in the Aircraft Lease Agreement.
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